Jet2 (DRTGF) Days Sales Outstanding : 7.18 (As of Sep. 2023)

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What is Jet2 Days Sales Outstanding?

Jet2's average Accounts Receivable for the six months ended in Sep. 2023 was $215 Mil. Jet2's Revenue for the six months ended in Sep. 2023 was $5,455 Mil. Hence, Jet2's Days Sales Outstanding for the six months ended in Sep. 2023 was 7.18.

The historical rank and industry rank for Jet2's Days Sales Outstanding or its related term are showing as below:

DRTGF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.82 Med: 42.93 Max: 102.64
Current: 10.96

During the past 13 years, Jet2's highest Days Sales Outstanding was 102.64. The lowest was 4.82. And the median was 42.93.

DRTGF's Days Sales Outstanding is ranked better than
77.75% of 800 companies
in the Travel & Leisure industry
Industry Median: 29.83 vs DRTGF: 10.96

Jet2's Days Sales Outstanding increased from Sep. 2022 (6.13) to Sep. 2023 (7.18).

Jet2 Days Sales Outstanding Historical Data

The historical data trend for Jet2's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jet2 Days Sales Outstanding Chart

Jet2 Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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21.70

6.36

21.26

8.95

4.98

Jet2 Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															28.38	20.49	6.13	15.63	7.18

Competitive Comparison of Jet2's Days Sales Outstanding

For the Travel Services subindustry, Jet2's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Jet2's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jet2's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jet2's Days Sales Outstanding falls into.

Jet2 Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Jet2's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (66.667	+	99.879)	/	2 )	/	6108.617	*	365
=	83.273					/	6108.617	*	365
=	4.98

Jet2's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (99.879	+	329.332)	/	2 )	/	5454.703	*	365 / 2
=	214.6055					/	5454.703	*	365 / 2
=	7.18

Jet2 (OTCPK:DRTGF) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Jet2 Days Sales Outstanding Related Terms

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Jet2 (DRTGF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jet2 PLC (OTCPK:DRTGF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

JET2:UK JET2:UK DG1:Germany

Address

Low Fare Finder House, Leeds Bradford Airport, Leeds, GBR, LS19 7TU

Website

https://www.jet2plc.com

Jet2 PLC provides licensed packages for leisure flights and stays at a multitude of vacation destinations. The company reports in one operating segment: leisure travel. The leisure travel segment delivers scheduled flights by its airline, Jet2.com, to the Mediterranean, Canary Islands, and other European vacation destinations. It utilizes licensed package holidays by its tour operator, Jet2holidays, to offer hotel accommodations and other useful amenities. It revenue through Package holidays and operates mainly in United Kingdom.